Changes to the composition of Umicore's Executive Committee
Changes to the composition of Umicore's Executive Committee
Changes to the composition of Umicore's Executive Committee
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Press release 2 Oc<strong>to</strong>ber 2012<br />
CP-2012-30 09:30 CET<br />
Umicore<br />
Group Communications<br />
<strong>Changes</strong> <strong>to</strong> <strong>the</strong> <strong>composition</strong> <strong>of</strong><br />
Umicore’s <strong>Executive</strong> <strong>Committee</strong><br />
Umicore <strong>to</strong>day announced changes <strong>to</strong> <strong>the</strong> <strong>composition</strong> <strong>of</strong> its <strong>Executive</strong> <strong>Committee</strong>.<br />
William Staron, who is currently <strong>Executive</strong> Vice President for Catalysis, has decided <strong>to</strong> retire at <strong>the</strong> end <strong>of</strong> 2012.<br />
Pascal Reymondet, who is currently <strong>Executive</strong> Vice President <strong>of</strong> Performance Materials, will become <strong>Executive</strong> Vice<br />
President <strong>of</strong> Catalysis.<br />
Stephan Csoma, 48, who is currently Senior Vice President <strong>of</strong> Government Affairs, will take over from Pascal<br />
Reymondet as <strong>Executive</strong> Vice President <strong>of</strong> Performance Materials and join <strong>the</strong> <strong>Executive</strong> <strong>Committee</strong>. Stephan has<br />
extensive strategic and operational experience that includes setting up Umicore’s first industrial operations in<br />
China in <strong>the</strong> mid-1990s, leading Umicore’s Zinc Chemicals operations from 2001 <strong>to</strong> 2005 and serving as Senior Vice<br />
President for Umicore’s South American operations between 2005 and 2009.<br />
Filip Platteeuw, currently Vice President <strong>of</strong> Corporate Development, has been appointed <strong>to</strong> <strong>the</strong> position <strong>of</strong> Chief<br />
Financial Officer (CFO). Filip, 39, brings a strong combination <strong>of</strong> financial and strategic expertise <strong>to</strong> <strong>the</strong> <strong>Executive</strong><br />
<strong>Committee</strong>. He joined Umicore in 2004 after nine years in investment and corporate banking and equity research<br />
with KBC. He was instrumental in <strong>the</strong> spin <strong>of</strong>f <strong>of</strong> Umicore’s copper activities in 2005 and led <strong>the</strong> project team for<br />
<strong>the</strong> creation <strong>of</strong> Nyrstar and its successful IPO in 2007.<br />
Ludo Vandervelden, who is currently CFO, will take up a leadership role outside <strong>the</strong> <strong>Executive</strong> <strong>Committee</strong>. As Chief<br />
Information Officer he will be responsible for Umicore’s information systems. He will also assume responsibility for<br />
procurement. Umicore will benefit from Ludo’s expertise and experience in <strong>the</strong>se two areas.<br />
The roles <strong>of</strong> Marc Grynberg (CEO), Hugo Morel (EVP Recycling), Marc Van Sande (EVP Energy Materials) and Denis<br />
G<strong>of</strong>faux (CTO) are unchanged. All <strong>of</strong> <strong>the</strong> above appointments will become effective from 1st November 2012.<br />
Commenting on <strong>the</strong> developments CEO Marc Grynberg said: “The new configuration <strong>of</strong> <strong>the</strong> <strong>Executive</strong> <strong>Committee</strong><br />
incorporates deep experience and a complementary mix <strong>of</strong> skills and personalities. I would like <strong>to</strong> thank Bill Staron<br />
for his outstanding contribution <strong>to</strong> Umicore over <strong>the</strong> last nine years. He has played a major role in <strong>the</strong> successful<br />
development <strong>of</strong> our Catalysis businesses over that time and he has more than earned a happy and healthy<br />
retirement.”<br />
Naamloze vennootschap/Société Anonyme phone +32 2 227 71 11 VAT BE0401 574 852<br />
Broekstraat 31 Rue du Marais fax +32 2 227 79 00 Company number 0401574852<br />
B-1000 Brussels e-mail info@umicore.com Registered <strong>of</strong>fice Broekstraat 31 Rue du Marais<br />
Belgium web www.umicore.com B-1000 Brussels
For more information<br />
Inves<strong>to</strong>r Relations<br />
Ge<strong>of</strong>froy Raskin +32 2 227 71 47 ge<strong>of</strong>froy.raskin@umicore.com<br />
Media Relations<br />
Elcke Vercruysse +32 2 227 71 29 elcke.vercruysse@umicore.com<br />
Umicore pr<strong>of</strong>ile<br />
Umicore is a global materials technology group. It focuses on application areas where its expertise in materials<br />
science, chemistry and metallurgy makes a real difference. Its activities are centred on four business areas:<br />
Catalysis, Energy Materials, Performance Materials and Recycling. Each business area is divided in<strong>to</strong> marketfocused<br />
business units <strong>of</strong>fering materials and solutions that are at <strong>the</strong> cutting edge <strong>of</strong> new technological<br />
developments and essential <strong>to</strong> everyday life.<br />
Umicore generates <strong>the</strong> majority <strong>of</strong> its revenues and dedicates most <strong>of</strong> its R&D efforts <strong>to</strong> clean technologies, such<br />
as emission control catalysts, materials for rechargeable batteries and pho<strong>to</strong>voltaics, fuel cells, and recycling.<br />
Umicore’s overriding goal <strong>of</strong> sustainable value creation is based on an ambition <strong>to</strong> develop, produce and recycle<br />
materials in a way that fulfils its mission: materials for a better life.<br />
The Umicore Group has industrial operations on all continents and serves a global cus<strong>to</strong>mer base; it generated a<br />
turnover <strong>of</strong> € 14.5 billion (€ 2.3 billion excluding metal) in 2011 and currently employs some 14,600 people.<br />
02/10/2012 – 09:30 CET CP-2012-30 2/2